Non-Executive Board Members

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NON-EXECUTIVE BOARD MEMBERS

AHL Group Pic seeks to appoint non-executive Board members.

BOARD OF DIRECTORS

AHL Group Plc operates within a clearly defined governance framework, where the ultimate responsibility for governance rests with the Board of Directors (“the Board”). The Chairperson and Directors of the Board of AHL Group c are independent non-executive directors. The Board has Board Committees which facilitate the discharge of the Board’s responsibilities. Each Committee has a Board approved mandate that is regularly reviewed.

BOARD RESPONSIBILITIES:

Key responsibilities of the Board of the AHL Group PIc are to:-

• Agree on the Company’s objectives, strategies, and plans for achieving those objectives;
• Oversee the operations and governance in Subsidiary companies;
• Regularly review the corporate governance process and assess achievement against objectives;
• Delegate to the Group Chief Executive Officer any of the powers, authorities and discretions vested in the Board, including the power of sub-delegation.
• Delegate similarly, such powers, authorities and discretions to any committee and subsidiary company boards as may exist or be created from time to time in accordance with the Memorandum and Articles of Association of the Company;
• Determine the terms of reference and procedures of all Board committees;
• Consider and evaluate reports submitted by Management;
• Ensure that an effective risk management process exists and is maintained throughout the Company;
• Monitor the performance of the Group Chief Executive Officer and the Executive Management Team;
• Ensure that an adequate budget and planning process exists, that performance is measured against budgets and plans and approve annual budgets in line with policies and procedures of the Company;
• Consider and approve capital expenditure as recommended by management.
• Consider and approve changes in accounting policies or practice and consider the recommendations of the Board Finance, Audit and Appointments Committee;
• Assume the ultimate responsibility for systems of financial, operational, and internal controls, the adequacy and review of which is delegated to subcommittees and ensure that reporting on these issues is adequate;
• Take ultimate responsibility for regulatory compliance and ensure that reporting to the Board is comprehensive; and
• Ensure balanced reporting to the shareholders on the Company’s position and that such reporting is done in a manner that can be understood by stakeholders.

SKILLS, KNOWLEDGE AND ATTRIBUTES OF DIRECTORS:

The desired key skills, knowledge and attributes of prospective Board member include:

• Knowledge and understanding of both macroeconomic and microeconomic factors affecting the Company;
• Ability to understand and analyse the current market and technology trends;
• Strong business, technical and entrepreneur skills;
• Possession of vast knowledge in running or managing a business enterprise; and
• Ethical and adherence to high ethical standards.

Interested Applicants meeting the desired skills, knowledge and attributes should submit their application letters together with a Curriculum Vitae/brief profile, and names of three traceable referees addressed to:

The Company Secretary
AHL Group Plc,
P O Box 40035,
Kanengo,
LILONGWE 4
Email: mngoma@ahlmw.com

Deadline for receiving applications is Friday, 16th May 2025.

Only shortlisted candidates will be acknowledged.